SYZ vs. IJR
SYZ (Lazard US Systematic Small Cap Equity ETF) and IJR (iShares Core S&P Small-Cap ETF) are both Small Cap Blend Equities funds. SYZ is actively managed, while IJR is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. SYZ charges 0.60%/yr vs 0.06%/yr for IJR.
Performance
SYZ vs. IJR - Performance Comparison
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Returns By Period
In the year-to-date period, SYZ achieves a 17.30% return, which is significantly higher than IJR's 15.38% return.
SYZ
- 1D
- -1.04%
- 1M
- 2.63%
- YTD
- 17.30%
- 6M
- 17.99%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IJR
- 1D
- -0.89%
- 1M
- 1.67%
- YTD
- 15.38%
- 6M
- 14.25%
- 1Y
- 31.54%
- 3Y*
- 14.39%
- 5Y*
- 5.64%
- 10Y*
- 10.66%
SYZ vs. IJR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SYZ Lazard US Systematic Small Cap Equity ETF | 17.30% | 0.89% |
IJR iShares Core S&P Small-Cap ETF | 15.38% | 2.21% |
Correlation
The correlation between SYZ and IJR is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025 | 0.94 |
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Return for Risk
SYZ vs. IJR — Risk / Return Rank
SYZ
IJR
SYZ vs. IJR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard US Systematic Small Cap Equity ETF (SYZ) and iShares Core S&P Small-Cap ETF (IJR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| SYZ | IJR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.81 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.26 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.60 | 0.43 | +1.17 |
Drawdowns
SYZ vs. IJR - Drawdown Comparison
The maximum SYZ drawdown since its inception was -8.00%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for SYZ and IJR.
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Drawdown Indicators
| SYZ | IJR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.00% | -58.15% | +50.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -28.02% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.36% | — |
Current DrawdownCurrent decline from peak | -1.04% | -0.91% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -9.28% | +7.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.60% | — |
Volatility
SYZ vs. IJR - Volatility Comparison
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Volatility by Period
| SYZ | IJR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.45% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.65% | 17.54% | -0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.65% | 21.41% | -4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.65% | 22.91% | -6.26% |
SYZ vs. IJR - Expense Ratio Comparison
SYZ has a 0.60% expense ratio, which is higher than IJR's 0.06% expense ratio.
Dividends
SYZ vs. IJR - Dividend Comparison
SYZ's dividend yield for the trailing twelve months is around 0.14%, less than IJR's 1.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJR iShares Core S&P Small-Cap ETF | 1.15% | 1.44% | 2.05% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.22% | 1.48% |
SYZ Lazard US Systematic Small Cap Equity ETF | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, SYZ and IJR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IJR is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IJR is cheaper with a 0.06% expense ratio, compared with 0.60% for SYZ.
IJR has the higher dividend yield at 1.15%, compared with 0.14% for SYZ.
They also come from different issuers: Lazard and iShares. Their fees differ too: 0.60% for SYZ and 0.06% for IJR.
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